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[KUALA LUMPUR] Malaysia’s sovereign wealth fund Khazanah Nasional has named Singapore-based Granite Asia and Taiwan’s AppWorks among the first five venture capital (VC) firms selected under two strategic programmes aimed at transforming Malaysia into a regional venture capital hub. The announcement, made on Tuesday (Jun 24) by Khazanah and its wholly owned subsidiary Jelawang Capital, marks the first rollout of its Emerging Fund Managers’ Programme (EMP) and the Regional Fund Managers’ Initiative (RMI), which were launched in October last year.The five selected fund managers under EMP and RMI are expected to deploy over RM200 million (S$60.5 million), a significant portion of…
French cloud services provider OVH on Thursday reported a 9.35 per cent rise in third-quarter revenue to 272 million euros ($287 million), driven by strong demand for its Public Cloud services, and reaffirmed its full-year forecast. Revenue from the Public Cloud segment grew 17 per cent, with new customer acquisitions increasing 12 per cent, OVH said.Its Private Cloud division also logged robust growth, with a 25 per cent jump in new customers during the quarter, attributed to a repositioning of some offerings, CEO Benjamin Revcolevschi stated.Stock of the company, which joined France’s SBF 120 index in June, has risen more…
Stoneweg European Business Trust invests 50 million euros in fund with early-stage data centre sites
[SINGAPORE] The manager of Stoneweg European Business Trust (Sert) announced on Tuesday (Jun 24) that the stapled trust has made a 50 million euros (S$74.4 million) investment in the Stoneweg Icona data-centre (IDC) fund. Its stake in the fund is expected to range from four to eight per cent depending on the final quantum of investment made by the other investors. The data centre portfolio comprises interests in four early-stage data centre development sites of 225 hectares in total size located in Ireland, Spain, Italy, and Denmark. These sites possess a secured 1,116 megawatt (MW) of power, with very good…
Your journey to better health starts with pals® Post this Unlike many supplement companies that use trace amounts of trendy ingredients, Pals Health insists on full doses of ingredients that are backed by peer-reviewed clinical research. The brand avoids generic blends and unproven delivery methods. Instead, products like Curcumin Bio-52x and Liverpal utilize patented, bioavailable compounds such as Curcugen® formulations designed for real absorption and results. Meet the Pals Health Product Line Curcumin Bio-52xMade with Curcugen®, a full-spectrum turmeric extract that offers 52x enhanced bioavailability compared to standard curcumin. Curcumin Bio-52x supports joint comfort, gut health, and healthy inflammatory response, thanks to its ability to retain…
Check out the top moments from this MLB game between the Chicago Cubs and the St. Louis Cardinals!
BRAKPAN, South Africa — Themba Maseko quickly wipes oil and grease off his hands with a rag as he breaks away from repairing one car to assist another customer who needs parts for a low-riding BMW 325is that he’s pulled up in, exhausts booming.As soon as Maseko returns beneath the hood of the first vehicle to continue his work, yet another man arrives desperately wanting his car to be looked at.“It gets hectic,” said the 39-year-old mechanic, sweat plastering his face. The father of three runs a small motor repair shop in the township of Tsakane, about 50 kilometers (31…
Check out the top moments from this MLB game between the Arizona Diamondbacks and the Chicago White Sox!
TOKYO :Japan’s industry ministry will sign an agreement with Siemens Gamesa Renewable Energy on Tuesday to establish a framework for public-private cooperation aimed at building local supply chains for offshore wind power, a ministry official said.With no wind turbine manufacturers in Japan, the goal is to promote collaborations with global players to develop a domestic supply chain, the official overseeing wind power at the Ministry of Economy, Trade and Industry (METI) told Reuters.As part of the initiatives, Siemens Gamesa, the wind turbine division of Siemens Energy, will also sign a memorandum of understanding with Japanese electronic parts maker TDK, under…
Image Source: Bing Image. License: All Creative Commons Recycling is not a drudge; it’s an important discipline that touches the lives of our communities and the health of our earth. Although the process may appear to be complicated at times, learning about a few fundamental principles can turn you into a recycling pro, making your efforts help create a cleaner, healthier world. Image Source: Bing Image. License: All Creative Commons Perhaps the most prevalent myth regarding recycling is that anything that carries a recycling symbol can be sent curbside. The majority of home programs in Hillsborough and Mecklenburg Counties collect…
Check out the top moments from this MLB game between the New York Yankees and the Cincinnati Reds!